Good news NIGERIANS: Bag of rice to sell at N10,000 from June

One of the greatest News for a very long time

The  national president of Rice Farmers Association of Nigeria (RIFAN),Aminu Goronyo says a 50 kilogramme of rice will be sold at N10, 000 as from June 2017. While speaking on the recent development in the rice industry, he said rice which is being sold in Nigeria currently at the rate of N20,00 will start selling at half that price in three months’ time. The information reaching us is  that rice farmers under the association now have a direct access to fertilizer.

Fertilizer was a very big problem, but today is now a thing of the past. Aminu Goronyo said "We have signed MOU where the fertilizer is sold N5, 500 per bag of fertilizer, and is now a government policy. We have more fertilizers in the country and it  goes direct to the hands of the farmers which is available  everywhere in the country".

He said  that rice adequacy has already been achieved in the last two years because all the rice consumed are produced here in the country. With the government through the Nigeria Customs Service on the land borders, including the high exchange rate, no importer can go to other countries and import rice for profit.


Aminu Goronyo gave the assurance from a reliable  news source that 50kg of rice will be sold 10,000 naira in the next three months.
 He further stated that the Anchor Borrowers Scheme was conceived through collective effort by the Central Bank of Nigeria, RIFAN and other relevant key stakeholders, and they are  meeting everyday with the CBN  to analyze the process.

 he said however,that the association is faced with shortage of rice seeds. According to him, the association has over 4.2 million registered members and there are not sufficient quality seed to go round. He said that Seed is the most important component of any commodity that is going to be produced.

 Rice seeds is not available in Nigeria according to the  information disclosed  by Aminu Goronyo . He said that the  few companies  in the country do not have the capacity to supply the quality and guaranteed seeds that is  needed. What is available is grossly inadequate and not up to one percent that is needed by Nigerian farmers.

The research centres that are available are being paid but they are not doing what they are supposed to do because government depends on them to come up with certified seeds, and the  end users, the farmers,  know that they are not getting the real certified seed. Most of the seeds that are being supplied are from the companies that do not have all it takes. The seeds released are not up to five percent of the total requirement


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